Army Running Out of Money Says Rumsfeld
LAST UPDATE: 4/27/2005 7:00:09 PM
The Army is close to running out of money for operations in Iraq and Afghanistan, according to the Pentagon.
U.S. Defense Secretary Donald Rumsfeld informed Congress Wednesday the Army's operating fund will be exhausted early next month, and the Army is already slowing its spending. The war in Iraq costs more than $1 billion a week, and most of the cost is incurred by the Army. The Afghan operation costs about $250 million a week.
Although the House and Senate have approved a $82 billion supplemental appropriation for this year's military operations, the separate bills have not yet been combined and approved by both houses.
Rumsfeld told congressional leaders in a letter the Pentagon may have to invoke the Feed and Forage Act to continue spending, a law that allows the Defense Department to run up debt when it has run out of money.
The Iraq and Afghan wars have, so far, cost more than $200 billion.
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